Cult Object: Jeff Koons for H&M Balloon Dog Bag

Sure, you might see this as just another perfectly proportioned, leather cross-body bag—you know, with a gold balloon dog emblazoned on the side. But others will see it as a work of art. And rightfully so, since it's from H&M's Jeff Koons collection, out next month (his retrospective at the Whitney Museum of American Art opens on June 27). You'll be able to pick up the shiny pup bag at the retailer's new museum-inspired flagship store on Fifth Avenue or online on July 17. And then prepare yourself for lots of casual conversations about the nature of art and commerce. (H&M Balloon Dog Leather Handbag, $49.95)